This second floor studio apartment within Westgate Lofts, Dewsbury is sure to appeal to the buy to let landlord. Whilst the apartment does require internal renovation, the property was previously tenanted for £345pcm which would reflect over a 20% gross yield return based on the guide price.
The building was converted in 2007/2008 and is located in the centre of Dewsbury with access to the shops and nearby bus station. Please note the property has no parking and is built on a coalfield.
Leasehold Information: Length of lease - 99 years from 16/10/2007 Service Charge for year 2023-2024 - £1451.71 Ground Rent - £400 Per Annum - 1st September 2023 to 31st August 2024.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
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